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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (5765)2/8/1999 7:04:00 PM
From: bobby beara  Read Replies (3) | Respond to of 99985
 
Donald, it looks like to me the tech averages are making a wave 4 rebound to re-touch their failed trendlines.

Some morning strength in the Nasdaq would bring them up to touch those trendlines.

If that happens I may break into my sub-sub-atomic arsenal and bring out big bertha in the ever ending quest to eradicate pesky tech stock overvaluation and save mankind -g-

If I do not return, you know what to say to Gort -g-



To: donald sew who wrote (5765)2/8/1999 7:26:00 PM
From: Daflye  Read Replies (1) | Respond to of 99985
 
Donald and thread, am I seeing a bullish reversal, Harami style on the OEX?

TIA,
D



To: donald sew who wrote (5765)2/8/1999 7:43:00 PM
From: Skipperr  Read Replies (2) | Respond to of 99985
 
Don- "many of the average investors are getting the info tonight - lets see what the reaction is tomorrow"

These average investors are quietly putting their money in savings, "Money Market Funds report inflows of $17.1 Billion."

They're not likely to sell out so soon - but, in fact, if there's a sell-off, most of that $17.1B will come flowing in so soon it will make your head spin!

Skipperr



To: donald sew who wrote (5765)2/8/1999 9:24:00 PM
From: Jon K.  Read Replies (1) | Respond to of 99985
 
What Did Acampora Really Say?

He didn't call 5 to 10% drop from current level but from January peak.
smartmoney.com

Jon



To: donald sew who wrote (5765)2/8/1999 9:31:00 PM
From: Monty Lenard  Respond to of 99985
 
Donald I just updated that DOW chart of yours along with LG's charts for today. Vitas also sent the McClellan Summation & Oscillator charts based on weekly data going way back. He and I kinda had to patch them...I enlarged them for him but they tell the story ok.

I keep a McClellan Summation based on the NASD Issues and Volume. The interesting thing about the one based on Issues is that it made a double top and is now headed down. Very interesting to me.

Monty